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Sppcoindom sells itself as a Cryptocurrency investment portfolio management system. All the fancy words don’t mean they are convenient. As with all investment platforms, this too has some downside. And judging by the complaints we have seen, SPP Coin Dom is nowhere near perfect. Our investigation reveals a dark cloud hanging over the platform. Sppcoindom.com is not your cup of tea, and investors are losing money right, left, and center. Here’s what our experts found out in our thorough SPPCOINDOM Review.
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The platform claims to be an investment and savings platform. There’s no information on who owns and runs Sppcoindom, which is a bit spooky. We expect any investment platform to be open and transparent.
There’s a lot of missing information regarding their mission and objective. Although the platform looks professional, they do know how to hide the truth. By failing to inform users of their history, we don’t know their online reputation.
Investing requires you to do due diligence before committing funds to a platform. It gives you an insight into what to expect with a platform. An excellent way is reading reviews or joining Crypto forums.
We thrive to keep the crypto world safe by exposing all fraudulent websites. These websites are tarnishing the good Crypto name. By exposing them, we hope to protect investors from falling into unbearable platforms.
There are four investment plans to choose from. These plans come with the option of enjoying a gift bonus. The plans also inform investors of the expected maximum returns. In short, the plans guarantee profit for all investors.
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Here’s a closer look at the four investment plans on offer
Newbie
It’s the most basic investment plan on offer and comes with a minimum deposit of $100. The maximum amount to deposit is set at $400. There’s an ever bigger expected income of $2,500 and $5,000.
Starter plan
With the starter plan, the minimum deposit is $500, and the maximum is set at $1,000. The platform guarantees maximum returns at $5,500 and $8,000, respectively. It’s over 100 percent ROI with each deposit amount.
Premium plan
The premium plan comes with a minimum deposit of $1,000 and a maximum of $5,000. Members get a guarantee ROI of $10,000 and $12,000, respectively. There’s also a gift bonus of $250.
Gold plan
It’s the most exclusive plan, and investors must deposit $10,000 and a maximum of $100,000 to start. The plan comes with the highest possible maximum return set at $50,000 and $70,000. There’s a gift bonus of $500 with each deposit.
All these plans have one thing in common, over the moon ROIs. No expert or robot can achieve this high ROI. And this is why we firmly believe Sppcoindom is lying to investors.
Making such bold claims without any proof is cause for alarm. No one has come out with proof of profiting, even with the basic account.
The platform bags on affiliate programs to get more clients. Instead of being a member, you can direct users to this platform and earn commissions. At least, that’s what they say on paper. Those that sign up for the affiliate program tell a different story.
What looks like a genuine way of making passive income suddenly becomes a huge issue. Those who use your link to sign up end up blaming you for the losses. To add salt to injury, the platform fails to release commissions.
It’s the same story as every member of the platform ends up losing funds. The affiliate program is their way of using victims to trap other victims. Most professional affiliates have already added Sppcoindom.com to their blacklist.
There is no way funds are safe with a platform that holds no license or registration. The platform does not comply with investment rules anywhere in the world. Even the SEC doesn’t recognize this platform.
And this is investing with the platform is a huge risk. There’s no safety net to protect investors from harsh investment conditions. Without oversight, investors are left at the mercy of these unknown persons.
Who owns and runs the platform is an important issue that we must find out. You must know who is handling your funds once you decide to invest. Investing in an anonymous online investment platform is a problem.
Once you deposit funds, there’s no telling who is responsible. And this puts investors at a disadvantage. The platform fails to divulge this valuable information for a reason. We believe they are using investor funds to fund other private projects.
There’s a chat tab that might stay for long before responding. Clicking on their contact page redirects you to the footer of their homepage. The platform claims to reside in the States, which is a lie.
These people are using a virtual US phone number and phony physical address. Writing an email will only invoke them to block your contact. The only time they respond is when you’re willing to open an account with them.
289 is the number of days the platform has been active. The website went live on August 16, 2020. There’s no name of the registrant as it has been redacted, with privacy being the reason. The domain shares the same server as other low-ranking crypto investment websites.
From their domain history, we learn the platform has a low trust score. It doesn’t rank well on search engines. And this is probably due to the security status of the website attributed to anonymity.
One way they have tried to re-invent themselves is by posting testimonials. Those who testify to the platform’s profitability are not real people. The platform downloads stock images and uses them as profiles.
A way to spot the mistake is to search for these people using Social media platforms. None of them seem to have any social media handles or professional profiles. Weirdly, we couldn’t get a comment from them off the platform.
The moment you deposit funds with the platform, your funds are as good as gone. It all starts with the platform promising high and quick returns. A minimum deposit of $200 with an expected profit margin of $2,500 is unimaginable.
You can make a high profit with crypto investments, but not in this manner. Those who end up depositing large sums are the biggest losers. At first, the platform ensures the account balance rises by the day.
It helps give members the illusion the platform is working to achieve the set target. When the time comes to withdraw, the platform’s true colors are revealed. No one gets to withdraw even a penny from SPP Coindom.
After checking all the facts, we have to add this platform to our blacklist.
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Please leave a comment or email us with any questions.
There's no safety of funds since the platform fails to offer a safety net to investors.
No. The SEC does not recognize this platform. We can't confirm their location despite using the U.S address
No one has made it this far.
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